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As it stands now there are strong indications that this season may not be the best for leading Korean digital device manufacturing giant, Samsung Corporation in Nigeria. This is based on two factors. First; in the last few years, new entrant to Nigeria’s smart device market, Tecno Mobile seems to have overshadowed the company in terms of saturating the market with ranges of mobile phones including feature and smartphones. Otherwise, visibility of new Samsung products may have dropped to some extent in several Nigerian phone markets due to what industry analysts described as high prices of products. On the other hurdle which is more of a diplomatic breach, the Nigerian Senate last week, declared Samsung Managing Director, Young Ho Jo, an illegal immigrant and ordered the Nigerian Immigration Service (NIS) to deport him alongside others without genuine documents. The Senate order stemmed from the ongoing probe by the upper legislative chamber’s ad-hoc committee over the $16.35 billion Egina Oil Field project chaired by Senator Solomon Adeola, representing Lagos West Senatorial District. Business Hilights recalls that Senator Adeola had revealed that the resolution for the deportation of the Samsung managing director was adopted by the Senate last week Thursday in line with the recommendation of the ad-hoc committee in its interim report. Explaining more, the lawmaker argued that the illegality of the South Korean residency was uncovered on the scrutiny of his papers with other operators of the Egina Oil Field project. According to him, “Mr. Young Ho Jo, who has been working for the past two months in Nigeria as the managing director of Samsung without fulfilling legal requirements for such told us that he could not complete his documentation as a result of alleged break down of machines of the Nigeria Content Development Monitoring Board (NCMDB). “But the NCMBD wrote to us that their machines had never broken down in the period claimed, showing that the man has contravened the Local Content law “Going by recommendations made by this committee to the Senate and resolution adopted, Samsung boss is no longer recognised on account of improper documentation as shown by papers he presented. “To the Senate and this committee, SAMSUNG MD is an illegal immigrant who must be deported by the Nigerian Immigration Service, to which a letter to that effect has been forwarded to the Ministry of Interior. “He can, however, come back to the country through proper documentation thereafter,” he said. There are further discoveries showing that However, it was also found out that Young Ho Jo while in Nigeria violated the Local Content Act by spending $1.6 billion out of the $3.5 billion contract Samsung got from the $16.35 billion Egina Oil Field Project in Goje, South Korea. It would be recalled that Total Nigeria bank-rolled the Egina-FPSO as part of its exploration capacity expansion in the deep-sea production. Image below shows the Egina FPSO delivered by Samsung Heavy Industries, Goje, South Korea. Source :http://businesshilights.com.ng/can-samsung-survive-market-competition-with-tecno-deportation-threat-on-md/
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Not so sure but am suggesting the FCMB MasterCard should be able to do it, after all it can be used for transactions of upto 5k dollars anywhere in the world bolajiboi: |
ajoks533:what do you use to pay such levies, is it the FCMB MasterCard? Cos I heard you can use it to make payments of upto 5k dollars |
karlboss:first of all he needs to get an FCMB MasterCard so he could spend upto 5k dollars anywhere he wants then he should visit certified tourist sites to see where that amount can comfortably carry him to. |
Talking of advice, I suggest you get yourself an FCMB MasterCard so you can spend up to 5k dollars anywhere of your choosing this summer Narthy201: |
signature2012:with how lit everywhere is I can only imagine how much you'll spend buying things, If you need to spend more than $5,000 monthly, you can make a request for a foreign currency (USD or GPB) card from FCMB and enjoy L-I-M-I-T-L-E-S-S international spending. |
Since you intend traveling, try getting an account with FCMB, they have a MasterCard that let's you spend upto 5k dollars anywhere in the world Femish101: |
nice unboxing video, great device. henry007: |
the launch of this tecno spark 2 was awesome. |
take it to carl care urgently. teebee22: |
hmm, matches on this new tecno spark that has a bigger view will be so great. sureinfo: |
carl care should be your next bus stop. |
yeah share with us your experience with the pouvoir 2 |
tecno spark 2 with an improved camera huh? its pictures will be lovely. |
this is wisdom, it will be good to check the spark 2 out. sureinfo: |
the gold and black looks so beautiful on this spark 2 |
yeah i think the Nigerian version is the camon x |
so are the upgrade of the spark 2 just the bigger view of the screen:? MissTechy: |
nice review, great device this spark 2 is |
take your device to the closest carl care center to you. |
you could add some money and get the new tecno spark 2, its about 37k warrant: |
that was a nice thing you did, am sure you enjoying your sd card on your spark sureinfo: |
great thing tecno mobile are doing with the launch of this device. |
wow, you use a tecno spark too? thats great. i will have to try this betway app and that naija ludo seems to be interesting. sureinfo: |
i am so impressed with this new tecno spark 2, would love to lay my hands on one |
yeah enchanging my device for the new spark 2 wouldn't be a bad idea o. |
try downloading other browsers from playstore or you could collect from some one using xender GeniusDavid: |
me too, am just hearing the wx3 has 4g too. sureinfo: |
wow, never knew, thanks for this info. Norman4real: |
nice review, the tecno spark is a superb device indeed. |
no one, the pouvoir 2 beats them all especially when it comes to power. |
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